Sunland Enterprises earns 11% on an investment that pays back $83,500 at the end of each of the next 7 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Sunland Enterprises invested to earn the 11% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Sunland Enterprises invested $